3 ms·
> "two times the total annual world cobalt production, nearly the entire world production of neodymium, three quarters the world’s lithium production and at le
by cure 5y ago
> "two times the total annual world cobalt production, nearly the entire world production of neodymium, three quarters the world’s lithium production and at least half of the world’s copper" [1]. And this is just UK.
That report seems dubious. The math simply doesn't add up.
For instance, the report claims that to replace all the cars on the road in the UK, it would take "... 2,362,500 tonnes of copper... [which is ] at least half of the world’s copper production during 2018."
But the world produced 16,890,000 tonnes of copper in 2020 (see https://en.wikipedia.org/wiki/List_of_countries_by_copper_production https://en.wikipedia.org/wiki/List_of_countries_by_copper_pr...). From that same page, it seems that the annual copper production has not changed much in the last 5 years.
So it's not half of annual production, it's more like an eight.
Secondly, to replace all the cars on the road in the UK (~33M units), at the current replacement rate of ~2.5M/year (https://www.goodcarbadcar.net/uk-total-auto-industry-sales-figures/ https://www.goodcarbadcar.net/uk-total-auto-industry-sales-f...) would take about 13 years. So now we're talking about about one eight of annual copper production spread over 13 years, which would be about 1% of annual production per year.
Of course ICE vehicles also require quite a bit of copper...
It seems not unreasonable that replacing all vehicles in the 5th largest economy in the world would take ~1% of the copper output of the world (assuming zero recycling!) over a period of 13 years.